2501 PAYNE DRIVE, DENTON, TX 76207

Homes for sale in Denton.

Homes for sale in 76207.


2501 Payne Drive

Denton, TX 76207

Status of the property has changed, please contact for details

List Price$3,000,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21080523

27.26

Acres

Lots / Land

Type

About This Property

Don't miss this exceptional 27.257-acre property located within the City of Denton, zoned R-2 -- Residential Development District. This property offers an outstanding opportunity for future single-family residential development, perfectly positioned in a highly desirable and growing market area. The site features a total of 27.257 gross acres, including an approximately 3.5-acre detention pond with related drainage improvements. The net usable land area is estimated at 23.75 acres, providing ample space for thoughtfully designed residential use. Boasting approximately 110 feet of frontage along the north line of W Windsor Drive and approximately 700 feet of frontage along the west line of Westgate Drive, the property benefits from excellent visibility and accessibility. Located near two major universities and a community college, the area offers a vibrant cultural scene, numerous parks, trails, and outdoor activities. Served by the Denton Independent School District, known for its strong educational programs, the community continues to attract new residents who value convenience, lifestyle, and affordability. All city utilities are available, including water, sewer, electric, and natural gas. With its convenient location and strong surrounding amenities, this property represents a rare opportunity for developers or investors to capitalize on Denton's continued growth and appeal.

Property Features

Location Information

County

Denton

Subdivision

F Batson

Interior Features

Has Fireplace

No

Exterior Features

Water / Sewer

Electricity Available, Natural Gas Available, Sewer Available, Water Available

Possible Best Use

Agricultural, Cattle, Devel

Utilities

Electricity Available, Natural Gas Available, Sewer Available, Water Available

Zoning

R-2 Residential Development

Lot Description

Acreage, Agricultural, City Lot

Development Status

Zoned

Lot Size in Acres

27.257

Road Description

City Street, Concrete

Lot Size in Sq. Ft.

1,187,314

Is One Story

No

Current Use

Agricultural, Cattle

Lot Description

Acreage, Agricultural, City Lot

School

Elementary School District

Denton ISD

Jr. High School

Calhoun

Elementary School

Evers Park

High School

Denton

Additional Information

Property Type

LL

Tax Annual Amount

38.0

Property SubType

Unimproved Land

Exclusions

Longhorn cattle

Status

Active

Documents Available

Aerial

Has a Home Owners Association

No

Lot Acres Source

Assessor

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Mortgage Calculator

$14,010

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$10,810

Monthly Tax

$2,500

Monthly Insurance

$700

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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